B. Riley Financial, Inc. (NASDAQ:RILYL – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,657 shares, a decline of 54.6% from the September 15th total of 3,646 shares. Based on an average daily volume of 8,170 shares, the short-interest ratio is currently 0.2 days.
B. Riley Financial Trading Down 10.7%
NASDAQ:RILYL traded down $1.03 during mid-day trading on Wednesday, reaching $8.62. 9,688 shares of the stock were exchanged, compared to its average volume of 10,870. B. Riley Financial has a 1 year low of $3.09 and a 1 year high of $18.08. The company has a 50 day simple moving average of $12.46 and a 200-day simple moving average of $13.79.
About B. Riley Financial
B. Riley Financial, Inc is a diversified financial services company that provides investment banking, institutional brokerage, wealth management, asset management and advisory services. Through its operating businesses, the company serves corporate and institutional clients, public and private companies, financial sponsors and individual investors.
Its services include mergers and acquisitions advisory, equity and debt capital markets, securities research and sales and trading, investment management, financial restructuring and valuation.
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